Basis: Latest stored market observation. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the dividend payout ratio high or low?
The dividend payout ratio of 32.11% is 29% below its 3-year average of 45.28%, near the low end of its 3-year range (18.08%–131.76%).
As of Thursday, July 30, 2026. 26.79% above its 12-month average of 25.33%.
Dividend Payout Ratio (32.11%) = TTM Dividends/Share ($0.49) / TTM EPS ($1.51)
DIVIDEND PAYOUT RATIO
32.11%
DIVIDEND PAYOUT RATIO AVG TTM
25.33%
DIVIDEND PAYOUT RATIO AVG 3Y
33.57%
DIVIDEND PAYOUT RATIO AVG 5Y
38.64%
DIVIDEND PAYOUT RATIO AVG 10Y
16.46%
DIVIDEND PAYOUT RATIO AVG 15Y
12.52%
DIVIDEND PAYOUT RATIO AVG 20Y
11.88%
CURRENT VS TTM AVG
+26.79%
CURRENT VS 3Y AVG
-4.34%
CURRENT VS 5Y AVG
-16.90%
CURRENT VS 10Y AVG
+95.11%
CURRENT VS 15Y AVG
+156.40%
CURRENT VS 20Y AVG
+170.42%
| Year | EPS | Dividend | Payout Ratio |
|---|---|---|---|
| 2025 | ($3.00) | $0.64 | N/A (Loss) |
| 2024 | ($4.48) | $0.64 | N/A (Loss) |
| 2023 | ($0.62) | $0.56 | N/A (Loss) |
| 2022 | ($4.41) | $0.50 | N/A (Loss) |
| 2021 | $1.88 | $0.43 | 22.9% |
| 2020 | ($0.38) | $0.40 |
The payout ratio shows the share of trailing-12-month earnings paid out as dividends. Lower leaves more room to grow the dividend; a ratio persistently above 100% means dividends exceed earnings.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | DIVIDEND PAYOUT RATIO |
|---|---|
| 2022-11-10 | 32.11% |
| 2022-11-08 | 32.13% |
| 2022-11-04 | 27.10% |
| 2022-11-02 | 27.09% |
| 2022-10-31 | 27.10% |
| 2022-10-27 | 27.09% |
| 2022-10-25 | 27.09% |
| 2022-10-21 | 27.09% |
| 2022-10-19 | 27.09% |
| 2022-10-17 | 27.09% |
| 2022-10-13 | 27.09% |
| 2022-10-11 | 27.09% |
| 2022-10-07 | 27.09% |
| 2022-10-05 | 27.09% |
| 2022-10-03 | 27.09% |
| 2022-09-29 | 27.09% |
| 2022-09-27 | 20.12% |
| 2022-09-23 | 20.11% |
| 2022-09-21 | 26.26% |
| 2022-09-19 | 26.26% |
| 2022-09-15 | 26.25% |
| 2022-09-13 | 26.26% |
| 2022-09-09 | 26.25% |
| 2022-09-07 | 26.25% |
| 2022-09-02 | 26.26% |
| 2022-08-31 | 26.26% |
| 2022-08-29 | 26.26% |
| 2022-08-25 | 26.26% |
| 2022-08-23 | 26.25% |
| 2022-08-19 | 26.26% |
| 2022-08-17 | 26.25% |
| 2022-08-15 | 26.26% |
| 2022-08-11 | 26.26% |
| 2022-08-09 | 26.25% |
| 2022-08-05 | 26.26% |
| 2022-08-03 | 26.26% |
| 2022-08-01 | 26.26% |
| 2022-07-28 | 26.26% |
| 2022-07-26 | 26.26% |
| 2022-07-22 | 26.26% |
| 2022-07-20 | 26.25% |
| 2022-07-18 | 26.26% |
| 2022-07-14 | 26.26% |
| 2022-07-12 | 26.25% |
| 2022-07-08 | 26.26% |
| 2022-07-06 | 26.26% |
| 2022-07-01 | 26.25% |
| 2022-06-29 | 26.26% |
| 2022-06-27 | 26.26% |
| 2022-06-23 | 32.41% |
| 2022-06-21 | 25.41% |
| 2022-06-16 | 25.42% |
| 2022-06-14 | 25.42% |
| 2022-06-10 | 25.42% |
| 2022-06-08 | 25.42% |
| 2022-06-06 | 25.42% |
| 2022-06-02 | 25.42% |
| 2022-05-31 | 25.42% |
| 2022-05-26 | 25.42% |
| 2022-05-24 | 25.41% |
| 2022-05-20 | 25.42% |
| 2022-05-18 | 25.42% |
| 2022-05-16 | 25.41% |
| 2022-05-12 | 25.42% |
| 2022-05-10 | 25.41% |
| 2022-05-06 | 25.42% |
| 2022-05-04 | 25.42% |
| 2022-05-02 | 25.42% |
| 2022-04-28 | 25.42% |
| 2022-04-26 | 25.41% |
| 2022-04-22 | 25.42% |
| 2022-04-20 | 25.42% |
| 2022-04-18 | 25.42% |
| 2022-04-13 | 25.41% |
| 2022-04-11 | 25.42% |
| 2022-04-07 | 25.41% |
| 2022-04-05 | 25.42% |
| 2022-04-01 | 25.42% |
| 2022-03-30 | 25.42% |
| 2022-03-28 | 25.42% |
| 2022-03-24 | 31.01% |
| 2022-03-22 | 24.02% |
| 2022-03-18 | 24.02% |
| 2022-03-16 | 24.02% |
| 2022-03-14 | 24.02% |
| 2022-03-10 | 24.02% |
| 2022-03-08 | 24.02% |
| 2022-03-04 | 24.02% |
| 2022-03-02 | 24.02% |
| 2022-02-28 | 24.30% |
| 2022-02-24 | 24.30% |
| 2022-02-22 | 24.29% |
| 2022-02-17 | 24.29% |
| 2022-02-15 | 24.30% |
| 2022-02-11 | 24.29% |
| 2022-02-09 | 24.30% |
| 2022-02-07 | 24.30% |
| 2022-02-03 | 24.30% |
| 2022-02-01 | 24.30% |
| 2022-01-28 | 24.29% |
| 2022-01-26 | 24.30% |
| 2022-01-24 | 24.29% |
| 2022-01-20 | 24.29% |
| 2022-01-18 | 24.29% |
| 2022-01-13 | 24.30% |
| 2022-01-11 | 24.29% |
| 2022-01-07 | 24.29% |
| 2022-01-05 | 24.30% |
| 2022-01-03 | 24.29% |
| 2021-12-30 | 24.29% |
| 2021-12-28 | 18.08% |
| 2021-12-23 | 18.08% |
| 2021-12-21 | 23.73% |
| 2021-12-17 | 23.73% |
| 2021-12-15 | 23.73% |
| 2021-12-13 | 23.73% |
| 2021-12-09 | 23.73% |
| 2021-12-07 | 23.73% |
| 2021-12-03 | 23.73% |
| 2021-12-01 | 23.73% |
| 2021-11-29 | 23.73% |
| 2021-11-24 | 23.73% |
| 2021-11-22 | 23.73% |
| 2021-11-18 | 23.73% |
| 2021-11-16 | 23.73% |
| 2021-11-12 | 23.73% |
| 2021-11-10 | 23.73% |
| 2021-11-08 | 23.73% |
| 2021-11-04 | 23.73% |
| 2021-11-02 | 26.08% |
| 2021-10-29 | 26.08% |
| 2021-10-27 | 26.08% |
| 2021-10-25 | 26.09% |
| 2021-10-21 | 26.09% |
| 2021-10-19 | 26.09% |
| 2021-10-15 | 26.09% |
| 2021-10-13 | 26.09% |
| 2021-10-11 | 26.09% |
| 2021-10-07 | 26.08% |
| 2021-10-05 | 26.08% |
| 2021-10-01 | 26.09% |
| 2021-09-29 | 26.09% |
| 2021-09-27 | 26.09% |
| 2021-09-23 | 32.30% |
| 2021-09-21 | 25.47% |
| 2021-09-17 | 25.47% |
| 2021-09-15 | 25.47% |
| 2021-09-13 | 25.46% |
| 2021-09-09 | 25.47% |
| 2021-09-07 | 25.46% |
| 2021-09-02 | 25.46% |
| 2021-08-31 | 25.46% |
| 2021-08-27 | 25.47% |
| 2021-08-25 | 25.47% |
| 2021-08-23 | 25.46% |
| 2021-08-19 | 25.46% |
| 2021-08-17 | 25.47% |
| 2021-08-13 | 25.46% |
| 2021-08-11 | 25.46% |
| 2021-08-09 | 25.47% |
| 2021-08-05 | 25.46% |
| 2021-08-03 | 55.41% |
| 2021-07-30 | 55.40% |
| 2021-07-28 | 55.40% |
| 2021-07-26 | 55.41% |
| 2021-07-22 | 55.41% |
| 2021-07-20 | 55.41% |
| 2021-07-16 | 55.41% |
| 2021-07-14 | 55.41% |
| 2021-07-12 | 55.40% |
| 2021-07-08 | 55.40% |
| 2021-07-06 | 55.41% |
| 2021-07-01 | 55.41% |
| 2021-06-29 | 55.40% |
| 2021-06-25 | 55.41% |
| 2021-06-23 | 54.05% |
| 2021-06-21 | 54.05% |
| 2021-06-17 | 54.06% |
| 2021-06-15 | 54.05% |
| 2021-06-11 | 54.06% |
| 2021-06-09 | 54.05% |
| 2021-06-07 | 54.05% |
| 2021-06-03 | 54.05% |
| 2021-06-01 | 54.06% |
| 2021-05-27 | 54.06% |
| 2021-05-25 | 54.06% |
| 2021-05-21 | 54.05% |
| 2021-05-19 | 54.05% |
| 2021-05-17 | 54.06% |
| 2021-05-13 | 54.05% |
| 2021-05-11 | 54.05% |
| 2021-05-07 | 54.06% |
| 2020-08-05 | 108.11% |
| 2020-08-03 | 108.11% |
| 2020-07-30 | 108.11% |
| 2020-07-28 | 108.11% |
| 2020-07-24 | 108.10% |
| 2020-07-22 | 108.11% |
| 2020-07-20 | 108.10% |
| 2020-07-16 | 108.11% |
| 2020-07-14 | 108.11% |
| 2020-07-10 | 108.11% |
| 2020-07-08 | 108.10% |
| 2020-07-06 | 108.11% |
| 2020-07-01 | 108.11% |
| 2020-06-29 | 108.11% |
| 2020-06-25 | 131.76% |
| 2020-06-23 | 104.73% |
| 2020-06-19 | 104.73% |
| 2020-06-17 | 104.73% |
| 2020-06-15 | 104.73% |
| 2020-06-11 | 104.73% |
| 2020-06-09 | 104.73% |
| 2020-06-05 | 104.73% |
| 2020-06-03 | 104.73% |
| 2020-06-01 | 104.73% |
| 2020-05-28 | 104.73% |
| 2020-05-26 | 104.73% |
| 2020-05-21 | 104.73% |
| 2020-05-19 | 104.73% |
| 2020-05-15 | 104.73% |
| 2020-05-13 | 104.73% |
| 2020-05-11 | 104.73% |
| 2020-05-07 | 33.12% |
| 2020-05-05 | 33.12% |
| 2020-05-01 | 33.12% |
| 2020-04-29 | 33.12% |
| 2020-04-27 | 33.12% |
| 2020-04-23 | 33.12% |
| 2020-04-21 | 33.12% |
| 2020-04-17 | 33.12% |
| 2020-04-15 | 33.12% |
| 2020-04-13 | 33.12% |
| 2020-04-08 | 33.12% |
| 2020-04-06 | 33.12% |
| 2020-04-02 | 33.12% |
| 2020-03-31 | 33.12% |
| 2020-03-27 | 33.12% |
| 2020-03-25 | 32.05% |
| 2020-03-23 | 32.05% |
| 2020-03-19 | 32.05% |
| 2020-03-17 | 32.06% |
| 2020-03-13 | 32.05% |
| 2020-03-11 | 32.05% |
| 2020-03-09 | 32.05% |
| 2020-03-05 | 32.06% |
| 2020-03-03 | 32.05% |
| 2020-02-28 | 52.08% |
| 2020-02-26 | 52.09% |
| 2020-02-24 | 52.08% |
| 2020-02-20 | 52.08% |
| 2020-02-18 | 52.08% |
| 2020-02-13 | 52.08% |
| 2020-02-11 | 52.09% |
| 2020-02-07 | 52.09% |
| 2020-02-05 | 52.08% |
| 2020-02-03 | 52.08% |
| 2020-01-30 | 52.08% |
| 2020-01-28 | 52.09% |
| 2020-01-24 | 52.08% |
Showing the most recent 260 of 2,113 data points. The chart above shows the full history.
| N/A (Loss) |
| 2019 | $1.18 | $0.38 | 31.8% |
| 2018 | ($4.51) | $0.35 | N/A (Loss) |
| 2017 | ($6.86) | $0.35 | N/A (Loss) |
| 2016 | $1.97 | $0.31 | 15.7% |
| 2015 | $1.79 | $0.29 | 16.2% |
| 2014 | $2.28 | $0.27 | 11.6% |
| 2013 | $2.20 | $0.25 | 11.4% |
| 2012 | $2.22 | $0.22 | 9.9% |
| 2011 | $1.73 | $0.21 | 11.8% |
| 2010 | $1.85 | $0.20 | 10.8% |
| 2009 | $1.85 | $0.20 | 10.8% |
| 2008 | $1.90 | $0.18 | 9.7% |
| 2007 | $1.71 | $0.16 | 9.6% |
| 2006 | $1.44 | $0.15 | 10.1% |
| 2005 | $0.29 | $0.13 | 43.1% |
| 2004 | $1.58 | $0.11 | 6.9% |
| 2003 | $1.11 | $0.10 | 8.9% |
| 2002 | $0.95 | $0.09 | 9.7% |
| 2001 | $0.78 | $0.09 | 11.8% |
| 2000 | $0.65 | $0.09 | 13.1% |
| 1999 | $0.57 | $0.07 | 13.0% |
| 1998 | $0.22 | $0.07 | 32.0% |
| 1997 | $0.46 | $0.07 | 14.1% |
| 1996 | $0.42 | $0.06 | 13.4% |
